How Omnitech Institute's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Omnitech Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 199, which is 89.88 % of all undergraduate students. 197 students which is 88.88% of undergraduate students received federal student loans and the average loan amount is $4,664.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	271 (100%)	$2,600	248 (92%)	$2,600	266 (98%)	$4,701
2014-15	201 (93%)	$3,064	201 (93%)	$2,865	213 (99%)	$4,700
2015-16	210 (98%)	$2,951	210 (98%)	$2,900	210 (98%)	$4,700
2016-17	186 (85%)	$5,900	119 (54%)	$2,900	219 (100%)	$4,700
2017-18	192 (100%)	$6,916	154 (80%)	$3,048	154 (80%)	$4,701
2018-19	184 (92%)	$7,048	180 (90%)	$3,048	180 (90%)	$4,700
2019-20	128 (53%)	$5,961	128 (53%)	$5,961	112 (47%)	$4,407
2020-21	220 (98%)	$5,525	220 (98%)	$5,525	222 (99%)	$4,700
Average	199 (89.88%)	$4,996	183 (82.25%)	$3,606	197 (88.88%)	$4,664

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 9 years, on average, 181 (98.38 % of students) received grants or scholarships and its average amount is $4,250. It can cover 17.71% of tuition & fees ($23,999).

In addition, 180 (96.75 % of students) students get helped from the students loans (average amount : $4,675).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	248 (100%)	$2,681	248 (100%)	$4,701
2014-15	199 (100%)	$3,016	199 (100%)	$4,700
2015-16	210 (100%)	$2,951	210 (100%)	$4,700
2016-17	186 (94%)	$2,555	198 (100%)	$4,700
2017-18	154 (100%)	$6,981	154 (100%)	$4,700
2018-19	180 (98%)	$7,000	172 (93%)	$4,500
2019-20	126 (98%)	$4,255	105 (82%)	$4,701
2020-21	148 (97%)	$4,561	150 (99%)	$4,700
Average	181 (98.38%)	$4,250	180 (96.75%)	$4,675

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 9 years, on average, 171 (93.50 % of students) received Pell (federal) grants and its average amount is $3,222.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	235 (95%)	$2,600	-	-	-	-	30 (12%)	$1,800
2014-15	199 (100%)	$2,865	-	-	-	-	60 (30%)	$500
2015-16	210 (100%)	$2,900	-	-	-	-	18 (9%)	$600
2016-17	119 (60%)	$2,900	-	-	-	-	186 (94%)	$700
2017-18	154 (100%)	$2,695	-	-	-	-	145 (94%)	$4,552
2018-19	180 (98%)	$3,000	-	-	-	-	180 (98%)	$4,000
2019-20	126 (98%)	$4,255	-	-	-	-	-	-
2020-21	148 (97%)	$4,561	-	-	-	-	-	-
Average	171 (93.50%)	$3,222	-	-	-	-	103 (56.17%)	$2,025

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 9 years, on average, 180 (96.75 % of students) get any students loan help and its average loan amount is $180.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	248 (100%)	$4,701	248 (100%)	$4,701	-	-
2014-15	199 (100%)	$4,700	199 (100%)	$4,700	-	-
2015-16	210 (100%)	$4,700	210 (100%)	$4,700	-	-
2016-17	198 (100%)	$4,700	198 (100%)	$4,700	-	-
2017-18	154 (100%)	$4,700	154 (100%)	$4,700	-	-
2018-19	172 (93%)	$4,500	172 (93%)	$4,500	-	-
2019-20	105 (82%)	$4,701	105 (82%)	$4,701	-	-
2020-21	150 (99%)	$4,700	150 (99%)	$4,700	-	-
Average	180 (96.75%)	$4,675	180 (96.75%)	$4,675	-	-

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Scholarships, Grants, and Loan Trends at Omnitech Institute

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time